The typical vendor-buyer sourcing relationship is a push-pull, sometimes adversarial one, borne out of the tension created from the two opposite ends of the profit maximization effort that exists with every transaction. A buyer wants to pay the lowest possible price (with maintaining key product specs) while the vendor is looking to get the highest reasonable price on the sale (without losing the business), all so their respective companies can maximize profit.
For a time, that adversarial relationship may work. But at some point, eventually, the inherent risk that exists when finding and implementing the lowest cost solutions, will end up becoming a losing bet for the buyer and the company. That risk can manifest itself as inventory shortages, manufacturing downtime, international trade agreements, production inefficiencies, or even a companies' worst fear, a widespread product recall.
But here, at Herculite, we believe differently.
